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Shale Oil and Gas Insights Blog

News and insights on important developments in the major tight oil & gas basins.

Appalachia

Pennsylvania – update through March 2023

May 26, 2023 No Comments

Natural gas production in Pennsylvania was 20.2 Bcf/d in March (Hz. wells only), slightly lower than the output a year ago (20.5 Bcf/d).

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Permian

Permian – update through January 2023

April 21, 2023 No Comments

Permian tight oil production topped 5 million b/d at the end of last year and came in at around 5.2 million b/d in January (after upcoming revisions, horizontal wells only). January natural gas production was close to 20 Bcf/d, over half the amount that was produced in the Appalachia Basin. Last year 5474 horizontal wells were completed in the Permian, 15% more than in 2021.

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Eagle Ford

Eagle Ford – update through November 2022

March 10, 2023 2 Comments

Tight oil production in the Eagle Ford has hovered at around 1.05 million b/d since the start of this year, near the lowest levels in 9 years, and came in at just above 1 million in July (there will still be some minor upward revisions). If you switch product to ‘gas’, you’ll see that the picture for natural gas is rather different, and that it has been increasing in the last 2 years to just over 6 Bcf/d.

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North Dakota

North Dakota – update through December 2022

February 17, 2023 8 Comments

Oil production in North Dakota from horizontal wells rose by less than 1% m-o-m in February, to 1.05 million b/d. Natural gas output increased by 2% to 2.8 Bcf/d. Only 63 new horizontal wells came online in the first 2 months of this year, compared with 180 in 2020 and 68 in 2021 during the same period.

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Appalachia

Pennsylvania – update through November 2022

February 3, 2023 No Comments

Natural gas production in Pennsylvania was 20.2 Bcf/d in March (Hz. wells only), slightly lower than the output a year ago (20.5 Bcf/d).

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Permian

Permian – update through August 2022

December 2, 2022 9 Comments

Permian tight oil production rose to a new output record in May, at around 4.6 million b/d (after upcoming revisions, horizontal wells only). Not all this production is reported yet by the state agencies, thus the apparent drop in production in the above chart.

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Industry Report: The 4 Major US Tight Oil Basins - Q1 2023

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  • Reservoir Engineering in the Age of AI: Navigating the Changing Landscape
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  1. D Coyne on Permian – update through August 2022
  2. D Coyne on Permian – update through August 2022
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  4. D Coyne on Permian – update through August 2022
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